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The Hague Apostille Convention is an international treaty that simplifies the process of document authentication among member countries. The apostille is a standardized certificate that is attached to the original document or a certified copy of the document. It confirms the authenticity of the signature, the capacity in which the person signing the document has acted, and, where applicable, the identity of the seal or stamp which the document bears.

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Milk to Magic: Unveiling the Rise of Fermented Dairy Products


The global fermented dairy products market is expected to accumulate US$ 4,920.5 Million in value by 2022-end. During the forecast period ranging from 2022 to 2032, a CAGR worth 8.5% has been projected for the market, with an expected closing value worth US$ 11,125.2 Million. During the 2016-2021 historical period, the industry grew at a value CAGR worth 8.1%.

Manufacturers of dairy products are now adding additional value to their goods using fermented dairy components as a result of the rising use of milk and milk products.

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Demand for nutritional products has soared in recent years, especially in developing countries where malnourishment remains a major concern. Fermented dairy products being a major source of nutrition are gaining traction in both developed and emerging countries. Food and Agriculture Organization (FAO), revealed that approximately 150 million households are currently engaged in milk production across the globe. Over the last three decades, the global milk production has increased by over 50%, from 500 million tonnes in 1983 to 769 million tonnes in 2013.

As per the report, the global fermented dairy market is slated to reach a valuation of US$ 4,856.5 Mn by the end of 2017. Increasing per capita expenditure on dairy products is expected to favour the future prospects of the global fermented dairy ingredients market. The report also assesses that fermented dairy ingredients are likely to face stern competition from cheaper alternatives available in the market.

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Among regions, the market in Western Europe accounted for the largest revenue share in 2016, reaching a valuation of US$ 1,366 Mn. Towards the end of forecast period, the region’s market is expected to stand at US$ 3,575.7 Mn, expanding at a CAGR of 9.2%. The abolition of milk quota system and increasing demand for frozen and freeze-dried starter dairy cultures is driving the market for fermented dairy ingredients in Western Europe. Asia Pacific (APEC) and North America are the two other lucrative markets for fermented dairy ingredients. Between 2017 and 2027, the market in APEJ is set to witness a robust CAGR of 10.5%, which is credited to the rising popularity of flavoured milk among consumers across China and Australia.

Key Segments Covered in the Fermented Dairy Products Industry Report

Fermented Dairy Yogurt

Fermented Dairy Kefir

Fermented Dairy Cheese

Fermented Dairy Sour Cream

Fermented Dairy Buttermilk


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Functional Food and Natural Health Products Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2033

From 2023 to 2033, the market for functional foods and natural health products is projected to expand at a CAGR of 5.3%. The market is being pushed by increased health awareness, an increase in the prevalence of chronic diseases, and rising demand for convenient and healthful food and beverage items. The market is being pushed by increased health awareness, an increase in the prevalence of chronic diseases, and rising demand for convenient and healthful food and beverage items.

Growing consumer demand for convenient and healthy food and drink options, greater health consciousness, and an increase in the prevalence of chronic diseases. The global market for functional foods and natural health products is constrained in its expansion by the high cost of research and development. The market for natural health goods, e-commerce, and functional beverages presents prospects in personalized nutrition.

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Drivers and Trends:

The emergence of personalized nutrition: Consumers are increasingly able to customize their diets to meet their unique needs and tastes thanks to this trend. The main drivers are the rising desire for items that are made to meet health objectives and the expanding availability of data on individual health.
The market for functional beverages is expanding. The market for functional beverages is expanding quickly as people hunt for beverages that taste good and provide health benefits. The main driving force is the rising public knowledge of the health advantages of functional substances like probiotics, prebiotics, and adaptogens.
Key Takeaways

With an astounding 16.7% growth rate, India takes the top spot and demonstrates its strong market potential in the studied area.
The United States market exhibits robust growth of 10.7%, securing its place as a major participant in the sector.
With a substantial growth rate of 7.9%, the Chinese market demonstrates China’s growing relevance and influence in the global economy.
With stable growth rates of 2.9% and 2.5%, respectively, Australia and Japan demonstrate their sturdiness and market expansion potential.
The low growth rates of Germany and the United Kingdom, 2.8% and 2.5%, point to stable market conditions and potential for sustained corporate growth.
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Competitive Landscape

Functional foods and natural health products are very competitive, with many big, well-known companies vying for market dominance. In the upcoming years, it is anticipated that the market for functional foods and natural health products will remain extremely competitive. The market is anticipated to expand steadily, but in order for businesses to hold onto their market share, they must be able to adjust to shifting consumer preferences.

Abbott Laboratories:

A leader in the healthcare industry, Abbott produces a variety of natural health products and functional foods, such as Ensure, Boost, and Glucerna.

Archer Daniels Midland (ADM):

Among the functional foods and natural health products produced by Archer Daniels Midland (ADM), a worldwide food processing and commodities trading firm, are Fibre One, SimplySmart, and Truvia.

BASF:

ProActiv, Benecol, and Move Free are just a few examples of the natural health products and functional foods the German chemical corporation BASF produced.

Danone:

Activia, DanActive, and Oikos are just a few of the natural health products produced by the French multinational food and beverage corporation Danone.

Arla Foods:

Skyr, Arla Protein, and Lactofree are just a few of the functional meals and natural health products produced by the dairy cooperative Arla.

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Functional Food and Natural Health Products Market by Category

By Nature:

Organic
Conventional
By Product Type:

Functional Food Product
Bakery & Confectionery
Dairy
Fish & Eggs
Canola-based
Pulses-based
Hemp-based
Flax-based
Oats-based
Barley-based
Soy
Oils & Fats
Others
Natural Health Product
Probiotics
Proteins & Amino Acids
Phytochemical & Plant Extracts
Prebiotics
Fibers & Specialty Carbohydrates
Omega-3 Fatty Acids
Carotenoids
Natural Vitamins
Natural Minerals
By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

 

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Taste the Rainbow of Health: A Deep Dive into Vitamin Gummies


According to FMI, the vitamin gummies Market is likely to generate US$ 4050 million by 2023. A CAGR of 6.5% is forecast for the market between 2023 and 2033, indicating a US$ 7352.3 million market. As multivitamin gummy provides critical support for all-around health and well-being demand for these gummies is expected to grow in demand. As convenient and enjoyable forms of vitamin and mineral intake, they contribute to optimal body function by filling nutrient gaps.

These kinds of gummies are very useful for those who adhere to strict diets, have trouble eating, or are extremely busy. Thus, they guarantee that the necessary nutrients are consumed, supporting vitality and healthy body function. Vitamin gummies are the subject of research to boost their demand. The demand for vitamin gummies is rising as more money is being invested in this study. Supplements are what are driving the desire for healthy and balanced diet options.

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Key Takeaways from the Market Study

The global market for vitamin gummies is expected to reach US$ 6903 million by 2032.
Globally, the United States accounted for 24.7% of the vitamin gummies market share in 2022.
The market for vitamin gummies is expected to rise by 6.3% CAGR between 2022 and 2032.
China accounted for an 11.2% CAGR in 2022, indicating continued growth in the market.
According to projections, the Japanese market accounted for 4% of the global market by 2022.
Top Players in the Vitamin Gummies Market:

BAYER AG
Pharmavite
SmartyPants Vitamins
Wellnext Health
Church & Dwight Co. Inc.
Life Science Nutritionals
Taura Natural Ingredients Ltd.
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Competitive Landscape

The business of vitamin gummies is growing as many companies form strategic partnerships and collaborate with other businesses. There is a growing trend among vitamin gummies market players to invest heavily in research and development, to develop new products, to expand their geographic presence, as well as to establish partnerships in order to grow their customer base.

On March 2023, SmartyPants Vitamins announced the launch of its most innovative multivitamin to date—SmartyPants Sugar-Free Multi & Omegas. The Sugar-Free Multi & Omegas from SmartyPants don’t contain sugar alcohols like other sugar-free gummies. In addition to having zero grams of sugar and zero grams of net carbohydrates, this new all-in-one supplement is sweetened using monk fruit extract and allulose to avoid digestive upset.
Know More about What the Vitamin Gummies Market Report Covers

Future Market Insights offers an unbiased analysis of the global vitamin gummies market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

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Vitamin Gummies Market Segmentation

By Product Type:

Single Vitamin Gummy
Biotin
Omega & DHA
Vitamin C
CoQ10
Vitamin D
Melatonin
High Fibre Formulas
Multivitamin Gummy
Probiotic Vitamin Gummy
Bacillus Coagulans
Lactobacillus
Bacillus Subtilis
Others (Yeast Etc.)
By Customer Orientation:

Children
Adult
Men
Women
By Source:

Animal Based
Plant-Based
By Packaging Type:

Bottles & Jars
Stand-Up Pouches
Other Packaging Type
Sales Channel:

Direct Sales
Modern Trade
convenience Store
Departmental Store
Specialty Store
Drug Store/Pharmacies
Online Retailers
Other Sales Channels

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